Tristate Business Insurance Blog

One of the best reasons to use a business insurance broker is because an insurance broker can find great rates for you. The Hartford has made changes to EPLI and TriState Business Insurance wants to bring those to you.

With the number of EPLI claims continuing to rise, small businesses need to make sure they have the right amount of insurance coverage in place to protect them from this real and emerging risk. By decreasing the number of underwriting questions required to purchase increased limits and reducing the minimum premiums for increased limits, it is easier than ever to get the insurance coverage you need.

While, in most states, The Hartford's Spectrum Business Owner's Policy automatically includes $10,000 of EPLI coverage at no additional cost, it may not be enough. Consider...

• Costs of defending an allegation can add up quickly
• There is a 58% probability for a plaintiff verdict in employment liability claims¹
• In 2009, the average settlement award was $363,748¹ (The median settlement award was $95,000¹)

There is no doubt about it -- liability associated with poor employment practices can be costly.

Beginning in December, TriState Business Insurance can bring you the coverage you need. Here's how...

• Improved competitive positioning on increased limits - offering you the best value for their insurance dollar

     *Minimum premiums may vary due to state requirements

• Introduction of a $1M limit - offering maximum protection.

Consider increased EPLI limits. We can help protect you by offering solutions that help proactively minimize risks to your business. Contact TriState Business Insurance about EPLI.

Information from The Hartford

With the recent Earthquake in Virginia and now a hurricane on the way, it is easy to see how anything can happen. As business owners, you need to “hope for the best and plan for the worst”. Certainly, you don’t want to expect that the worst can happen, however, you need to be prepared if it does.

Small business owners need to be sure that their interest are covered and protected. As a business owner, protect yourself with business liability insurance and workers compensation insurance coverage. But, as a business owner, you don’t just need the insurance; you need the service that should come along with it.

Tristate Insurance teams with business owners from all industries to protect your business and your livelihood. We design custom business insurance solutions that provide business owners in VA, MD and DC with both comprehensive and affordable business insurance coverage. 

The mission of TriState Business Insurance is to provide outstanding service and superior coverage to each and every one of our clients. Contact us to see how we can better insure your business.

Business owners must protect themselves with business liability insurance, workers compensation, and a host of other commercial insurance needs. Restaurants, bars and taverns are no different in that they need protection; however the types of insurance they need is much more comprehensive.

You invest your time, money and effort toward running your restaurant or your bar, so you should operate with confidence that your bar or restaurant insurance is comprehensive and ready to protect you against even the most unlikely of circumstances.

At TriState Business Insurance, we consult you on the wide-range of restaurant and bar-related coverage that applies universally across the hospitality industry as well as the liability needs that are unique to your restaurant, bar, or tavern.

However, with bars, pubs and taverns the needs are different. Like many industries, coverage for your business is tailored to your potential exposure. TriState specializes in providing the right protection for bar and tavern owners. We understand that your insurance risks and needs are much different than any other industry.

One of our specialties is restaurant, bar and tavern liability. Contact us to see  how you and your business can be better protected.